💨 Abstract

Fitch Ratings has lowered India's growth forecast for 2025-26 to 6.4% and for 2026-27 to 6.3%, citing trade wars and global trade war escalation. The Reserve Bank of India also recently cut its growth forecast for the current fiscal year to 6.5%. Fitch has similarly revised down growth rates for several economies, including the US, China, and Eurozone.

Courtesy: theprint.in

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